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Bacolod City, PhilippinesMonday, April 16, 2012
Oil companies roll back
prices by up to P1/liter

MANILA – Oil firms rolled back pump prices anew by as much as P1 per liter yesterday.

In separate advisories, Pilipinas Shell Petroleum Corp., Petron Corp., Seaoil Philippines, Phoenix Petroleum Philippines Inc. and Total Philippines rolled back pump prices by P1 per liter for unleaded gasoline, P0.90 per liter for kerosene and P0.70 per liter for diesel and regular gasoline.

The oil firms implemented the price adjusted starting 12:01 yesterday.

Prestige, comfort at
Marco Polo Plaza

The Marco Polo Plaza in Cebu City is offering Negrense travellers a taste of prestige and comfort with its urban resort and business hotel atmosphere, a press release from the company said.

The Marco Polo is at Nivel Hills, Apas Cebu, a 25-minute drive from the Mactan International Airport and 10-minutes from the city’s business district.

Opened in 2005, the hotel has received various awards, including the Deluxe Class Hotel accreditation from the Department of Tourism, the press release said.

‘Prospects good
for biotech crops’

MANILA – The Philippines should take advantage of its pioneering role in Asia for the development and commercialization of biotech crops, Agriculture Undersecretary for Policy and Planning Segfredo Serrano said.

Serrano said modern biotechnology has already taken root in the country and this edge must be exploited to the hilt.

He said the Philippines was actually the first country in Asia to commercialize Bacillus thuringiensis corn as it issued the permit for the massive propagation of the transgenic crop in 2002. “This approval was issued after the proponent complied with all the requirements and the GM crop underwent the prescribed set of procedures,” Serrano said.

Business
ButtonOil companies roll back prices by up to P1/liter
ButtonPrestige, comfort at Marco Polo Plaza
Button‘Prospects good for biotech crops’

ButtonNGCP denies limiting RE projects’ grid plans
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